Section
Markets, enterprise, and economic developments.
Lead story
Government initiatives aim to simplify business processes and attract local and international companies in the country. Senator Lisa Cummins outlines measures to modernize legislation and establish Business Barbados for streamlined operations.
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Pine Hill Dairy faces production challenges affecting Sungold evaporated milk availability due to global supply chain disruptions. New supplier secured from Mexico, aiming for mid-October return to shelves.
The Barbados Consumer Empowerment Network (BCEN) expresses concerns over the Barbados Chamber of Commerce and Industry's advice to make early purchases amid potential price hikes, citing impacts on struggling consumers and questioning financial considerations.
IMF officials in the US receive updates on Barbados' economic reform progress and economy performance. Information to be used for the fourth review of EFF and RSF. Meeting held with Barbados officials.
Minister of Business Senator Lisa Cummins addresses concerns over Barbados' corporate tax changes at BIBA Global Business Week 2024, emphasizing commitment to retaining international businesses and maintaining a competitive tax regime.
